|
|
|
 |
Long term care is a variety of services and supports to meet health or personal care needs over an extended period of time. Now, while you're healthy, is the time to think about and plan for those unexpected things that can happen in life. This calculator can help you determine your potential future costs for long term care services.
|
|
Definitions
- Care setting
- Coverage estimates are based on cost of care in three types of settings: a private nursing home room, a home health aide to provide 8 hours of care per day or assisted living.
- Location where care is provided
- Chose the geographic location where care will most likely take place.
- Cost of care inflation rate
- Choose the inflation rate you think will best help you in calculating future costs for care.
- Year claim begins
- This is the year in which the long term care coverage would hypothetically begin.
- Claim lasts for (years)
- This is the number of years you are planning for coverage to last for.
|
The Internet's Best Financial Calculators! Put them on your website!
|
|
